View Poll Results: Is It a Good Time to Buy Residential Property in Singapore Now?

Voters
45. You may not vote on this poll
  • Good Time to Buy

    12 26.67%
  • Bad Time to Buy

    27 60.00%
  • Not Sure

    6 13.33%
Results 1 to 12 of 12

Thread: Buying Attitude Index - Q1 2014

  1. #1
    Join Date
    Jul 2009
    Posts
    1,823

    Default Buying Attitude Index - Q1 2014

    Why this index?
    In Singapore, there is no official index to show Buyers' Attitude for residential properties. This forum is the best place to fill in this gap.

    How does it work?
    Everyone is entitled for one vote, the index is calculated by
    the percentage of bulls - percentage of bears
    (Please vote even if you are neutral because it will change the overall percentage scores).

    Historical Numbers:

    Quarter, Votes, Index
    Q4 2012, 65, 12
    Q1 2013, 35, 6
    Q2 2013, 56, 0
    Q3, 2013, 59, -34
    Q4, 2013, 53, -45
    (The max of the index is 100, the minimum of the index is -100)

    Certain historical event in the last quarter has permanently changed the landscape for real estate investment in Singapore (your grand children will read it from the history book). But we are in happy new year mood now. So let's see how the forumers will vote.

    Thank you for voting - regardless of which camp you are in.
    Richard

  2. #2
    Join Date
    Mar 2009
    Posts
    6,134

    Default

    No buying. Just holding n camping for fire sales.
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  3. #3
    Join Date
    Mar 2013
    Posts
    322

    Default

    Ample projects TOP n resale to choose from.. No doubt a buyer market

  4. #4
    Join Date
    Jan 2009
    Posts
    2,141

    Default

    Especially attractive for first property buyers : )

  5. #5
    Join Date
    Mar 2013
    Posts
    322

    Default

    Still early and hot to pick.. Let the cooling do the job while we pick without getting burn.

  6. #6
    Join Date
    May 2012
    Posts
    179

    Default

    The firesales (10-20% off) may be few and far between during this lull. So may be best time to start hunting for such buys. Index drop of 20 % within the year is quite unlikely.

  7. #7
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 30
    Index = 33 - 57 = -24

  8. #8
    Join Date
    Mar 2013
    Posts
    160

    Default

    those still waiting one please continue to wait until you start opening your EYES big big

  9. #9
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Suggest that you may want to have another question, "first-time buyer" or "not first-time buyer".
    Quote Originally Posted by richwang View Post
    Number of votes: 30
    Index = 33 - 57 = -24

  10. #10
    Join Date
    Dec 2009
    Posts
    6,003

    Default

    I assume it means pte condos. It is a good time to buy BTO though, as supply is coming down and prices are more reasonable.

  11. #11
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Quote Originally Posted by DC33_2008 View Post
    Suggest that you may want to have another question, "first-time buyer" or "not first-time buyer".
    Good idea. If there are enough people to vote, I can give it a try to start a sub-index. But shall we control for only those "first timer" to vote?

    As for a even more narrower index "first timer BTO buyer", it may not be very useful - because many people in this forum are no longer eligible, and for those who are eligible, their buying decision is driven by other factors (such as forming a family), timing is less important to them.

    Shall I start to run another poll on Feb, May, Aug and Nov just for "first-timer private buyers"?

    Thanks, Richard

  12. #12
    Join Date
    Jul 2009
    Posts
    1,823

    Default

    Number of votes: 41
    Index: 27 - 61 = -34

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